Carney for PM? Bank of England governor praised for Brexit response July 5, 2016 With political crisis engulfing Westminster in the wake of the EU referendum, businesses have increasingly had to rely on other sources of authority to fill the void. David Cameron has been conspicuously absent from the big stage since he resigned in the hours after the vote, while the Conservative leadership race has hijacked much of the decision [...]
“I don’t mind who wins as long as Gove comes third” – Sir Malcolm Rifkind and Ken Clarke caught on microphone criticising Conservative leadership candidates July 5, 2016 Former cabinet minister Ken Clarke has been caught on microphone at Sky News' Westminster studio giving his unguarded opinion of the Tory leadership candidates. Conservative MPs are today voting in the first stage of the contest, with Michael Gove, Theresa May, Andrea Leadsom, Stephen Crabb and Liam Fox all battling it out to remain in [...]
European Commission President Jean-Claude Juncker says Boris Johnson and Nigel Farage left “the boat” after Brexit vote July 5, 2016 Brexit campaigners Boris Johnson and Nigel Farage are "sad heroes" who are guilty of "leaving the boat" instead of developing a plan after standing down in the wake of the Brexit vote, according to Jean-Claude Juncker. Farage yesterday resigned as leader of the UK Indepdence Party, while Boris Johnson ended up not running for the [...]
The Taxpayers’ Alliance campaign group has demanded a raft of reductions in rates, just days after George Osborne revealed a reduction in corporation taxes July 5, 2016 Campaign group Taxpayers' Alliance has called on chancellor George Osborne to follow up on his corporation tax cut with a raft of new measures to shore up confidence in the economy. Osborne announced on Sunday that corporation tax would drop to 15 per cent in a bid to encourage businesses to Britain in the aftermath [...]
Former chancellor Ken Clarke says Conservative leadership contest has left governor of the Bank of England Mark Carney to deal with aftermath July 5, 2016 A Tory grandee has warned that the nature of the race to replace David Cameron has left the governor of the Bank of England to deal with the fallout of the Brexit vote. Former chancellor Ken Clarke said that Mark Carney had been "left in charge of the shop" due to Cameron's decision to stand [...]
Deputy Labour leader Tom Watson set to meet unions to discuss Jeremy Corbyn’s leadership July 5, 2016 Labour's deputy leader Tom Watson is set to meet with unions today in an attempt to pile on further pressure on Jeremy Corbyn to resign. Leader Jeremy Corbyn has come under increasing pressure to resign amid speculation that he ran a lacklustre EU referendum campaign and would not be able to win a general election, [...]
Can they fix it? MPs have launched an inquiry into the housebuilding industry and the UK’s housing crisis July 5, 2016 MPs have started an inquiry into the UK's embattled housebuilding sector, seeking answers on why supply cannot keep up with demand to produce the homes the country needs. The Communities and Local Government (CLG) committee will be calling the chief executives of major developers to give evidence on the industry's capacity to build after figures released [...]
UK will be in EU in five years, says Austria’s finance minister July 5, 2016 The United Kingdom will still be a member of the European Union in five years' time, Austria's finance minister has said. Hans Jörg Schelling told Handelsblatt, a Germany newspaper, that the UK may not even leave the EU after the referendum result, despite the Brexit vote. He added that the EU needs to learn from the result that [...]
Sadiq Khan is to institute a £10 charge for London’s most polluting vehicles, while accelerating the planned expansion of the ultra-low emission zone July 5, 2016 Sadiq Khan has fleshed out his proposals to tackle London's air quality, including specifying new charges for drivers in environmentally unfriendly vehicles. Khan made tacking the city's pollution a key plank of his election platform, and figures last month showed that Londoners living in the capital’s most deprived boroughs are significantly more likely to die [...]
Trident: Home secretary Theresa May wants a Commons vote before the summer recess July 5, 2016 Home secretary Theresa May has said Trident should be renewed as soon as possible, calling for a parliamentary vote before the summer recess. May, the Tory leadership favourite, said that it is necessary to renew the submarines to confront an insecure world, pointing particularly to the risk posed by Russia, as well as North Korea. The [...]